Top 10 Celebrities That Lost Their Money but Gained it Back

 

10 Toni Braxton.

Toni Michele Braxton is a singer, songwriter, pianist, record producer, actor, and TV personality from the United States. As of 2020, Braxton has sold over 70 million records internationally, including 41 million singles. She is one of history’s highest-selling female R&B artists. It seems like maybe she’s doing all right these days, even though in the last five years, she’s filed for bankruptcy twice. She sued for the first time in 2010, arguing that she owes creditors more than $50 million. It was in 2013 when she applied for the second time. It is unclear to us how much she owes then, but she waited just six months after filing to drop $3 million on a California property. And we’re confident that she’s making better money and no longer leading a dysfunctional lifestyle.

9 Willie Nelson.

The world knows that it wasn’t too long ago that one of the country music industry’s most popular artists went absolutely bankrupt because of his failure to pay his back taxes. He owes the IRS a few million and actually had to make an album to reclaim the money to return what he owes to Uncle Sam. Nelson ‘s positive fortune is that he was able to regain that capital as well and become wealthier again. Since the IRS comes knocking, not many people can do that.

8 Zsa Zsa Gabor.

She was someone who, at one point in her life, was worth a lot of money, but she lost it all. Over the years, she was able to get the bulk of money back, but her bad financial decisions forced her to go bankrupt. It’s something that happens to a lot of industry celebrities who make poor decisions, don’t take care of their money, and can’t go about their lives as they once did.

7 Gary Busey.

Lately, he has made a little more money than he did in the past, but he’s not rich. He had just a few thousand dollars to his credit for a bit. At one time, people said that he had a net worth of just around $50 thousand, which for a famous celebrity doesn’t seem like a lot. However, with a series of recent tv interviews, he was able to recoup some of his fortune. He isn’t rich, but he is better than he did when his financial problems forced him to lose everything.

6 Larry King.

Years before he was one of the ruling kings of late night tv, in the 1970s, he was just a guy being convicted by a business associate of grand larceny. What came next, in debt and bankruptcy, was just over $350 thousand. He lost everything he had, and for a time he was totally shattered before he became a much better celebrity than he had been before, and now he’s worth millions more than he was back then.

5 MC Hammer.

Stanley Kirk Burrell, best known by his stage name MC Hammer, is an American rapper, model, record producer and entrepreneur who, from the late 1980s to the early 1990s, had his greatest commercial success and fame. Once worth millions, after incurring more than $13 million in debt, he was forced to declare bankruptcy after his spending choices were too much for him to afford. He’s not about as rich today as he was when he filed for bankruptcy, but over the years, he’s gotten back a little of his fortune.

4 Floyd Mayweather.

There was a time when a successful fighter was deeply in debt, owing a lot of money to a lot of people. For a bit, he was utterly bankrupt, but he managed to come back. However, that is what happens when you are one of the world’s most famous fighters. His salary is much better now than it was a couple of years before, and he has been able to spend less time thinking about his money and more time working on other facets of his life.

3 Dennis Rodman.

Dennis Keith Rodman is a retired professional basketball player from America. He is known for his fierce defensive and rebounding skills, dubbed ‘the Worm’. In the National Basketball Association, Rodman played with the Detroit Pistons, San Antonio Spurs, Chicago Bulls, Los Angeles Lakers and Dallas Mavericks. Nobody’s pretty sure what he’s doing for a living now, but the world knows that years ago, he went absolutely bankrupt and had nothing left. He spends his days now jetting the globe to spend time with dubious world leaders who appear to have ulterior motives in mind, but when doing so, he still appears to enjoy quite the lavish lifestyle. But nobody knows how much he’s worth now, but we know there’s more to it than nothing.

2 Michael Jackson.

The American singer, songwriter and dancer was Michael Joseph Jackson. Dubbed the King of Music, he is considered to be one of the 20th century’s most influential cultural icons. He popularised intricate dance styles, such as the moonwalk, to which he gave his name, through stage and video performances. There were reports as he was living out his remaining years that claimed that he was absolutely bankrupt and unable to pay his bills. For years, these rumours have been spreading, and he has verified a couple of them. Yet his properties becomes very prosperous following his death and he’s worth millions now that he’s dead. Technically, he ‘s rich again, but he just can’t do anything about it himself. His estate is very wealthy, though.

1 Curt Schilling.

Curtis Montague Schilling is a right-handed pitcher from the old American Major League Baseball and is now a BlazeTV analyst. In 1993, he helped guide the Philadelphia Phillies to the World Series, and won championships with the Arizona Diamondbacks in 2001 and with the Boston Red Sox in 2004 and 2007. The retired baseball superstar, as other people do, did not spend or squander his money, but he made one poor investment that cost him all his fortune. And millions to his credit, he wanted to take nearly all of his savings, which at that stage was up to $ 50 million, and spend it in a video game company. He figured his investment would kill him, but the company didn’t work out and he lost every penny he had. Today, he’s not as rich as he was in the past, but he’s employed again, earning a substantial income and living comfortably.